Valentine Chex Mix

Directions

1. 1
   In large bowl, place cereal. In small microwavable bowl, microwave baking chips, peanut butter and butter uncovered on High 1 minute to 1 minute 30 seconds, stirring every 30 seconds, until melted and smooth. Pour peanut butter mixture over cereal, stirring until evenly coated.
2. 2
   Place 1/2 of the cereal mixture in 1-gallon food-storage plastic bag. Add powdered sugar. Seal bag; shake until well coated. Spread on waxed paper or foil to cool, about 15 minutes.
3. 3
   Meanwhile, stir M&Ms and sprinkles into remaining cereal mixture. Spread on waxed paper or foil to cool, about 15 minutes.
4. 4
   In serving bowl, mix both cereal mixtures. Store in airtight container.